July 2024 Core-Cast Post-PCE: No Real Surprises. Just 2 Basis Points Above Our Nowcasts
Most of the Personal Consumption Expenditures (PCE) inflation gauges are sourced from Consumer Price Index (CPI) data, but Producer Price Index (PPI) input data is of increasing relevance, import price index (IPI) data can prove occasionally relevant. There are also some high-leverage...